Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in French Lick at 657 S Walnut St, French Lick, IN, 47432 uses $41,437 cash to close to unlock $4,374/yr annual cash flow and $364/mo monthly cash flow. Total monthly income runs $1,115/mo, and a $612/mo payment keeps the spread at $364/mo. Purchase price stands at $124,999, and rental yield measures 10.7% with $1,115/mo rent. Return on cash invested shows 30.46% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 159.23% and total cumulative return in cash records $65,981. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,115/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1930
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47432, French Lick, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,152 (100%) |
| Owner Occupied HU | 1,401 (65.1%) |
| Renter Occupied HU | 481 (22.4%) |
| Vacant Housing Units | 270 (12.5%) |
| Median Home Value | $171,228 |
| Average Home Value | $188,499 |
Residential
1,950
Single Family
1,872
Multi-Family
78
Businesses
142
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Natasha Rowlett • Williams Carpenter Realtors
Mls Name: IRMLS
Mls ID: #202533977
